Thinking about buying my first Ferrari | FerrariChat

Thinking about buying my first Ferrari

Discussion in 'Ferrari Discussion (not model specific)' started by Toolfan2, Jan 13, 2005.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Toolfan2

    Toolfan2 Karting

    Jan 13, 2005
    92
    Washington State
    I've noticed 1990 to 1999 model Ferrari's seem to be under the $100,000 range. Which is about what I can afford. Or atleast that is what they are going for on Ebay and one other place I saw online. So I have started looking for my first Ferrari since it would appear I could finally afford one.

    I'm not sure which one to get though. At first I was looking at the Testarossa, 1992 model. But I don't like the interior of the car. Was it designed to be a race a car in mind? The pics of it that I saw showed that it only had air and heating. No cd player, or anything like that. As far comforts go just real nice leather seats.

    I am really looking for something with a comfortable and nice interior. This is my first jump into the world of exotic cars and I am not entirely sure what I might be getting myself into. If I wanted could I add a stereo system to my Ferrari? I don't want to do anything to devalue the car obviously.

    There is a Ferrari dealership in Seattle, and I live over a hour away from Seattle so I might go down there this weekend and look around at what they have there.

    Any advice though would be great. Thank you.
     
  2. Rerun

    Rerun Karting

    Jun 16, 2004
    63
    You don't want/need a stereo. Get a tubi exhaust instead.
     
  3. Toolfan2

    Toolfan2 Karting

    Jan 13, 2005
    92
    Washington State
    You are probably right anyways, I don't listen to music in my car really but I would still like a nice looking interior. A lot of earlier model Ferrari's leave a lot to be desired as far as interior looks go. Maybe I am just comparing them to much to the younger model Ferrari's out which have very nice interior looks.

    Ferrari after all has always been meant for speed.
     
  4. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    One word: 355. :)

    The car blends elegance, design and performance into a seamless package. I have one and I love it. There are a number of quality 355's available for sale - in coupe (GTB), targa (GTS), and spider form. There are also a number of hidden wrecks, so do your homework carefully. Quality MY95 355 GTB's are going for about $75K. Do a search on this forum for issues to watch out for, and you'll have a good primer to get you started.
     
  5. Toolfan2

    Toolfan2 Karting

    Jan 13, 2005
    92
    Washington State
    looking like i'll go with a spider
     
  6. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    The radio/CD player is behind a flip up panel in the center of the dash.

    Keep in mind that the basic interior was designed in the 80's. Close to 20 years ago.

    BTW, I am an hour from Seattle myself.
     
  7. Muteki

    Muteki Formula Junior

    Jan 14, 2004
    269
    Guam
    Might I suggest, you get a car that you are impressed with the lines and the way it drives. You can usually modify a stereo to your liking. Since 1997 I haven't had a stereo in my 308 GTS and never needed one. Just hearing roar of the carb on my 308 is relaxing. I have never gotten any complaints from my riders either and they always want to ride again.

    My other suggestion, if this is going to be your first Ferrari, might I suggest something like a older model (76-82) 308 GTB (hard top) or a 308 GTS (targa top). You can usually find these from $25-$35k in decent condition. Unless you have money to burn, this is a nice model to learn if you like driving a Ferrari. I have to warn you all Ferraris are tempermental and will expect your undivided attention. I always suggest the 308, because if you can't put up with the car's additude its affordable enough to sell pretty quickly and get your money back. The higher up the ladder you go on the Ferrari chain, the more you limit the people you can resell it to, should you decide to let her go to get a beter model or get away from the Ferrari line in general. For example, I can afford a 308 and maybe a Testarossa, but the 355 and up are a little out of my league even though I would like to get something a little newer. If you do have the money to get tied up in a Ferrari, then of course get the best model you can afford. Good luck and welcome to the world of Ferraris.
     
  8. Tuco

    Tuco Karting

    Mar 10, 2004
    148
    Texas
    The stereo in any Ferrari is under the engine cover.
    And speed is just one dynamic of the totality of capabilities of any Ferrari. All the way back to the 166mm.
    As for a tubi exhaust on a 355, thats an awesome symphony.
    Or on any flat 12. Worth the price of mission alone!
     
  9. jaturon

    jaturon Formula 3

    Oct 25, 2004
    1,599
    Bangkok Thailand
    Full Name:
    Zane
    512 TR is another great car with your prefered TR look and the interior is excellent.
     
  10. amslb182

    amslb182 Formula Junior

    Oct 3, 2004
    590
    Ct
    Full Name:
    Andrew LeGrant
    I'd certainly consider the 355, they're great cars. The 512tr is also a wonderful Ferrari but you'll need to pay much more attentoin driving the car compared to the 355 which is much more driveable and refined. Find some people in your area and ride or drive in their Fcars and see which one fits you the best. And when you find it go out and buy one, you wont regret it. :)
     
  11. Bernardo308

    Bernardo308 Karting

    Jun 15, 2004
    53
    Virginia Beach
    Full Name:
    Bernardo Sa Nogueira
    One car that you might want to take a close look at is a 456...they are now dropping in value, look beautiful and have an amazing V12 up front. They are also quite modern inside and are a blast to drive, but expensive to run. I think it is the best deal out there. If the car is serviced properly, you shouldn't have many problems either...
     
  12. sh4m

    sh4m Guest

    Nov 15, 2004
    90
    i'd say go with the 355...
    i currently own a testa, 355, 360 and 550.
    i'd have to say that the 355 and the 360 are about equal to me, both awesome cars to drive...
    the testa almost feels like a lambo for some reason- built as a "drivers" car so it definately makes you hold your attention while driving (or maybe just myne :p) anyways. i'd say go for a 355... if your interested i am selling myne- 1999 black 355 spider f1.. 10k miles, tan int. pm if interested
     
  13. sh4m

    sh4m Guest

    Nov 15, 2004
    90
    oh and btw,
    welcome.
     
  14. Toolfan2

    Toolfan2 Karting

    Jan 13, 2005
    92
    Washington State
    I found a 1997 456 for $78,500 on Ebay.

    http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&category=6212&item=4517974991&rd=1#mainImage

    Is Ebay a safe place to buy a Ferrari though or any car for that matter though? I am kinda reluctant to buy a car from here, but some of the deals I am seeing look very good.

    What I really want is a Maranello, or even better a Enzo, but both (the enzo especially!) are way out of my price range.
     
  15. sh4m

    sh4m Guest

    Nov 15, 2004
    90
    if you went the ebay way i'd suggest actually flying to go see the car and check it out...
    that 456 looks decent though.
     
  16. Bernardo308

    Bernardo308 Karting

    Jun 15, 2004
    53
    Virginia Beach
    Full Name:
    Bernardo Sa Nogueira
    The 456 is almost like a Maranello, just a little less hp, but pretty much a similar engine. It's just as modern and as reliable as well as looking great!

    Ebay is not a bad place to buy, I've bought Porsche 911 turbo and my Ferrari there, but I had a thorough PPI done at an independant mechanic. I got a good idea of how the car was mechanically and cosmetically and bought both w/out seeing the car. But if you're going to spend close to $100k on a car, spend an extra $350 for the round trip and check the car out so you have no surprises.
     
  17. jimpo1

    jimpo1 Two Time F1 World Champ
    Owner Silver Subscribed

    Jul 30, 2001
    24,873
    Dallas, TX
    Full Name:
    Jim E
    Lambo Dallas has a gorgeous blue 550 in the $100k range.
     
  18. Toolfan2

    Toolfan2 Karting

    Jan 13, 2005
    92
    Washington State
    100k is pushing it to much for me besides Bernado is right, the 456 is very similar and is a beautiful car. I think i'm going to go with a 456. First i'll check the Ferrari dealership in Seattle and see what they have this weekend.
     
  19. MikeAR303

    MikeAR303 Formula 3

    Dec 23, 2004
    1,072
    Chicago, IL
    Full Name:
    Michael
    My advice for what it's worth (which is probably very little... ;))...

    Don't buy a Ferrari at the upper end of what you're able to afford. If you do, there is a good chance that maintenance costs will bite you in the ass later on.
     
  20. scorpion

    scorpion Formula Junior

    Jan 19, 2004
    469
    Kentucky
    Purchasing a Ferrari is not something to be taken lightly. While opinions like those expressed on this board are valuable they are only opinions. You need to look at all the models - go to some shows (Concourso Italiano for example), check out the dealers, talk to owners, follow values that are posted in numerous publications. The search can be almost as much fun as ownership. After serious researching narrow your search to the car you really want and start looking for it. During this time you might also be interviewing mechanics to service your car.
     
  21. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    This particular advice is worth alot. Well said.
     
  22. Toolfan2

    Toolfan2 Karting

    Jan 13, 2005
    92
    Washington State
    There were some things I didnt even take into account. I was going to take it one step at a time but now it appears I need to think about a whole bunch of things at once before I buy a Ferrari. I don't even know of any places to get the car repaired and serviced when and if it ever needs it. Car insurence might be a issue to. I don't even know of any car insurence companys that will insure a Ferrari. I know known of the big name ones out there that everyone uses won't sure a car like this.

    But yeah I do like the advice scorpion gave. I'll be doing some research and test driving cars first. I for sure won't be buying a car this weekend.
     
  23. PrancingHorseFan

    PrancingHorseFan Formula Junior

    Nov 15, 2004
    466
    delaware
    good luck with whatever you decide. i'd suggest the 355, i've been in one twice, and the sound is excellant. the 456 however is still a great choice. backseats from what i can tell, are worthless, but do provide extra storage space. and one BIG advantage of the 456 over the 355, is the engine: a v12. you cant go wrong with either car. of course the final desicion is up to you, just remember when looking for a 456, dont get the automatic, get the manual.
     
  24. Doug.

    Doug. F1 Rookie
    Silver Subscribed

    Apr 16, 2004
    3,283
    Las Vegas, NV
    If I were you I wouldn't get a Ferrari that is exactly under your limit, because you must remember the cost of ownership as well. Since you said your limit is right around $100k, I would go with a nice, clean 355 that can be had at or around $75k...so you can also be ready for any repairs or maintnance costs that may come up. Good luck and welcome to the club.

    -Doug
     
  25. Davidindallas

    Davidindallas Formula Junior

    Nov 5, 2003
    344
    I think it's hard to disagree with the 355 given your intentions and age constraints. The 308 qv and later cars have good build quality and are progressively easier to maintain (in terms of reliablity issues). The 328 is relatively affordable and has developed a reputation for being bullet proof. I think the 348 is unloved for styling reasons they are peculiar to each individual's tastes. I don't know that it's less reliable than the 328s but I hear more anecdotal grumbling. The 355 is still later and given the large production numbers will be easy and cheap (relatively) to maintian. Aside from often overstated concerns about valve guides in early cars, which over time will prove to be water over the damn, there is little to worry about here. I think these cars will be regarded as the perfect entry level car over the next ten years. They're nearly fully depreciated and you'll always be able to find parts. Were I you and were I looking for my first car, I'd buy a 355 (if you don't want a car as early as a 328) and I'd buy it during the winter out of the northeast or midwest, where they're large in numbers and the owners are just looking at them. Good luck.
     

Share This Page